By 2050, 27% of the United States’ energy could be generated by solar. That’s the goal of the SunShot Initiative, which was announced by the U.S. Department of Energy (DOE) Solar Energy Technologies Office in 2011.
To that end, the DOE has a goal of making solar energy cost-competitive with other forms of electricity by 2020. This is being done by working in all areas related to solar including research, manufacturing and market solutions to make it more affordable and accessible.
In February of this year, only three years after the SunShot Initiative was announced, the solar industry is already more than 60% of the way to achieving the targeted cost for utility-scale PV.
Not only will this make low-cost, clean solar energy available for home owners, businesses and communities, it will reduce emissions of greenhouse gas (CHG) and other pollutants and create U.S. jobs in manufacturing, distribution and installation.
More details about the SunShot Initiative can be found in the SunShot Vision Study. Access it here. (http://energy.gov/eere/sunshot/sunshot-vision-study)